Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Eric P who wrote (1698)	4/5/1999 11:54:00 AM
From: Baz Luhrman	Read Replies (3) of 2120

Eric, I'd be grateful if you could help me out with a few suggestions. I've been trading online for sometime now using both Waterhouse and Schwab. It has worked ok but executions are a little slow sometimes. I'd be interested in an online trading system with Nasdaq level II quotes and was interested in what you would suggest. What kind of capital requirements would you think would be necessary? Obviously the more you want to make the higher the capital requirements. For arguments sake lets say I'm looking to make 200-300 per day to start. I'd be interested to know how you got started. Did you take any classes? Read any particular books? Did you start with simulated online trading. Are you a true day trader or do you hold stocks for several hours or up to a few days? Any particular sites I should go to or day trading groups? I know this is alot to ask but any help would be appreciated. I will get involved with your thread and add what I can. Thanks in advance for any information or direction your willing to provide. Scott

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